Private Equity
European venture capital firm Esprit Capital Partners has hired Cédric Latessa as investment manager as it looks to bolster its investment team.
1 min read · 04 January 2013
The Connecticut fund of funds manager has closed on significant total commitments for three new pools of private equity capital.
1 min read · 04 January 2013
US buyout firm HIG Capital is planning to hire as many as 30 local professionals in about six months, as it prepares to start spending a €600 million European fund. James Taylor talks to managing director Paul Canning about the firm’s ambitious plans for Europe.
3 min read · 04 January 2013
Buyout firms Permira, The Carlyle Group and Apax Partners are reportedly mulling separate bids for TIM, the mobile unit of Telecom Italia, in what would be Europe’s biggest ever buyout.
2 min read · 04 January 2013
Investment bank Barclays Capital has appointed veteran buyout manager John Lovering as vice chairman. Lovering has played a key role in some of the UK’s most successful private equity deals, although his stellar reputation has been blemished slightly by the recent travails of Debenhams, the UK retailer he chairs.
2 min read · 04 January 2013
Richard Lambert, the head of the Confederation of British Industry, a trade body that has been attracting support from some of Europe’s large buyout firms, has criticised private equity’s public relations efforts.
2 min read · 04 January 2013
Jonny Maxwell, one of Europe’s best-liked fund of fund managers, has resurfaced to spearhead German insurance giant Allianz’ continued growth of its indirect private equity investment business.
2 min read · 04 January 2013
Ian Simpson co-founded placement agent Helix Associates in 1993, having previously been a director of Berkeley Govett. Here, he talks to Robert Venes about fundraising in the UK mid-market.
4 min read · 04 January 2013
Qatar-based investment vehicle Three Delta has confirmed its preliminary bid approach to Sainsbury’s, the UK supermarket chain that rejected a £10 billion offer from a private equity consortium in April. The company’s share price soared this morning.
2 min read · 04 January 2013
US banker Bruce Wasserstein’s investment vehicle has agreed to sell publishing business American Lawyer Media to Apax Partners-backed Incisive Media for $630 million.
1 min read · 04 January 2013